Foot Locker is seeing higher average spend among its FLX reward program members, which grew to 25 million in Q2 from 20 million at Q1 end. Member Average Order Values (AOVs) were said to be approximately 10 percent higher than those of non-members as they shopped the retailer’s banners ...

Nearly three dozen trade groups and organizations, including the National Retail Federation (NRF), Sports and Fitness Industry Association (SFIA) and American Apparel and Footwear Association (AAFA), are pressing the Biden Administration on trade and economic matters tied to China.

New York-based WHP Global has acquired the global trademarks for the iconic Italian sports brand Lotto. Financial terms of the intellectual property transaction for the 48-year-old brand were not disclosed. WHP, which intends to spend over $1 billion on consumer brands ...

More than a decade after its founding in Switzerland, running footwear brand ON has filed for an Initial Public Offering on the New York Stock Exchange under the ticker, ONON. In Monday’s F-1 filing by the brand’s parent, ON Holding AG, the company discloses that H1/21 revenue grew 85 percent ...

Fila USA’s Q2 gross margin declined 460 basis points to 26.5 percent on a higher sales mix into lower-margin distribution channels and increased freight costs caused by constraints on its supply capacity. Overall, the company, which sells into the U.S., Canada, and Mexico ...

Retail chain Boot Barn, which will grow its door base by 27 in FY22 as it continues to expand its brand’s reach to new consumer segments, thinks product demand from U.S. footwear consumers will not be impacted by any looming product price increases.

U.S. retail sales dipped 1.1 percent in July from June’s level, prompting the Dow to retreat yesterday over fears the economic recovery could be slowing due to COVID-19, its Delta variant, and other factors.

Asics believes it can continue to differentiate itself in the running and athletic footwear markets by differentiating itself as a ‘caregiver’ brand. In a June presentation to investors, the company cited eight reasons that consumers gravitate to a particular sports brand.

New York-based Authentic Brands Group, which owns 30 iconic brands across nine segments in its portfolio, last week agreed to acquire Reebok from adidas Group for €2.1 billion ($2.46 billion) in a deal that’s expected to close in Q1/2022.

Adidas sources 28 percent of its products in Vietnam, which is in the middle of a lockdown until Aug. 22 due to rising COVID cases. The market’s current factory situation could impact Adidas’ Q4 footwear volume but will have “very little impact” on the company introducing new products...

DSW, the 600+ door retail chain owned by Designer Brands Inc., will become the exclusive in-store distributor of Hush Puppies by 2022 in a move that should raise the brand’s profile with Millennial shoppers.

Adidas, Columbia Sportswear and Acushnet Company are among industry firms being forced to implement new operational strategies to offset any potential slowdowns of product deliveries through the remainder of 2021.

Brand parent VF Corp. attributes some of The North Face’s strides, including an 83 percent increase in global revenues for the period ended June 30, to TNF’s increasing ability to drive “365-day relevancy” through its diverse offerings for both on- and off-mountain.

Puma’s ability to further strengthen its rising fortunes in North America and elsewhere in the world may rest on its ability to receive regular product deliveries from its Asian sourcing partners for the remainder of 2021 and 2022.

An estimated 55 percent of U.S. families will buy two pairs of shoes per child this Back-To-School season and another 31 percent will purchase one pair per child, according to the Footwear Distributors and Retailers Association (FDRA) and FFANY National Back to School 2021...

Foot Locker is immersing itself in a market battle for Latino athletic footwear and apparel customers in key U.S. Western and Southwestern states with its decision to acquire Los Angeles-based WSS, a 93-door operation owned by Eurostar, Inc., for $750 million.

Wolverine Worldwide has acquired activewear brand Sweaty Betty. The Saucony, Merrell and Sperry parent spent $410 million cash to purchase the female-focused, global fitness and lifestyle brand that was founded in 1998.

The footwear industry’s tireless efforts to separate itself from other market sectors — lumber and computer chips to name two — in the persistent battle against negative supply chain factors suffered a major blow in mid-July.

Skechers and its wholesale partners are benefitting from a more favorable, promotional environment around the globe via stronger sell-through rates and higher Average Selling Prices (ASPs).

The Office of the U.S. Trade Representative (USTR) announced late last week that it would not place new tariffs on Vietnam imports. The decision came after a nine-month investigation prompted by the Trump Administration that labeled the Asian nation...

In raising the company’s FY21 guidance last week after reporting a strong Q2, Crocs executives confirmed potential supply chain drags are embedded in the better outlook that includes full-year, global revenue growth of 60-65 percent and an annual adjusted operating margin of...

Citing strong Q2 North American results in a preliminary release last week, Puma raised its full-year outlook. The company is now expecting FY21 EBIT to range between 400-500 million euros versus “significant improvement” previously.

Schoeller Textil AG, the Swiss textile and technology company, announced a shift in leadership as Joachim Kath takes over as CEO. Kath, previously the Chief Operating Officer at Schoeller, takes over the CEO role from the retiring Siegfried Winkelbeiner.

DSW, the Designer Brands-owned chain of 500+ locations has tapped actor and TV/radio host Mario Lopez and his family of five to promote a curated “must-have” shoe collection for men, women and children.

With the deadline for binding, second round bids for Reebok less than three weeks away (Aug. 2), four private equity firms are now reportedly the top suitors for the Adidas-owned business.